Trinity Capital announced the commitment of $20 million in growth capital to Kymeta, a leading flat-panel satellite antenna company.
Based in Redmond, WA, Kymeta is a leader in multi network satellite communications. Their groundbreaking antennas seamlessly integrate with multiple satellite networks, providing unparalleled connectivity and reliability. By utilizing cutting edge technology based on metamaterial science they ensure robust and continuous communications even in the most challenging environments.
"Kymeta is building the next generation of satellite and cellular connectivity technology," said Bob D'Acquisto, Managing Director, Tech Lending at Trinity. "We are thrilled to support Kymeta as they continue to innovate and expand on their groundbreaking technology in satellite communications."
The new debt facility from Trinity will allow Kymeta to continue to scale operations and fund growth initiatives.
"We appreciate Trinity's support and we're excited to have them as a partner as we continue to grow our business and position ourselves as the global leader in satellite communications on the move," said Rick Bergman, President and CEO of Kymeta.